Cushman & Wakefield’s National Industrial Advisory Group is pleased to present the opportunity to acquire Midland Logistics Center (the “Property”), a 698,068-SF crossdock logistics facility ideally located in Atlanta’s I-75 South / Henry County submarket. This fully leased building is strategically located between key interchanges featuring direct access to I-75, ample trailer and auto parking, full site circulation, and is demised for two-tenant functionality, making this a best-in-class asset in Atlanta’s premier Southside bulk submarket.
Midland Logistics Center is 100% leased to S&S Activewear and GXO Logistics (NYSE:GXO; $5.85B market cap) with 3.4 years of WALT and in-place rents 86% below market, offering investors significant near term mark-to-market opportunities with two highlycommitted tenants.
Further, the I-75 South / Henry County market is significantly outperforming other bulk submarkets in the city - boasting a current vacancy of 4.7% which has barely increased since 2021 (a statistic no other bulk Atlanta submarket can boast). As a fully matured submarket with limited supply potential at the traditional core interchanges, well-located and highly-accessible assets like Midland Logistics Center are poised for continued tenant demand while commanding top of submarket rental rates.